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Global Maritime Satellite Communications Market Passes $1 Billion in Revenue

September 02, 2010 - Broadband data applications to drive sector growth over coming decade


Paris & Montreal, September 2, 2010 – Euroconsult, the leading international research and analyst firm specializing in the satellite and space sectors, today forecast that the number of satellite communications terminals aboard commercial and private ships will more than double over the next decade as demand for bandwidth on the high seas continues to surge.

In a new report, “Maritime Telecom Solutions by Satellite: Global Market Analysis & Forecasts,” Euroconsult provides an in-depth view of the dynamics determining growth in the maritime sector, along with analysis and forecasts for the maritime satcom market. The report also offers a detailed review of the merchant shipping, fishing, passenger ship, leisure vessel and offshore segments. The breakdown between MSS and VSAT is explored through each of these sections.

“Increasing onboard bandwidth requirements are driving the maritime market in a direction that is beneficial to satellite communications,” said Pacôme Revillon, CEO of Euroconsult... (for full article, click on the above PDF)